Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 0.5M |
Gross Profit | -0.5M |
Operating Expense | 23.5M |
Operating I/L | -23.5M |
Other Income/Expense | 0.9M |
Interest Income | 0.0M |
Pretax | -22.6M |
Income Tax Expense | -1.4M |
Net Income/Loss | -21.3M |
Xilio Therapeutics, Inc. is a clinical-stage biotechnology company specializing in developing immunotherapies to enhance the immune system of cancer patients. Their checkpoint inhibitor program features XTX101, a tumor-selective anti-CTLA-4 mAb currently in Phase 1/2 clinical trials for solid tumors. Additionally, the company is advancing cytokine programs, including XTX202, XTX301, and XTX401, which are modified forms of IL-2, IL-12, and IL-15 respectively, designed to be activated by tumor microenvironment-associated proteases. These innovative therapies aim to generate revenue by addressing unmet medical needs in cancer treatment and potentially securing partnerships with pharmaceutical companies.